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Drexel Hamilton Raises Price Target on VMware (VMW) Following 1Q Earnings

April 20, 2016 9:17 AM EDT

Drexel Hamilton reiterated a Buy rating on VMware (NYSE: VMW), and raised the price target to $77.00 (from $71.00), following the company's 1Q earnings release. VMware reported non-GAAP sales of $1.59b, ahead of $1.57b estimates. EPS of $0.86 was better than the Street's $0.84 estimate.

Analyst Brian... More

Mizuho Securities Remains Sidelined as VMware (VMW) 1Q Beats 1Q Expectations

April 20, 2016 8:25 AM EDT

Mizuho Securities reiterated a Neutral rating and $52.00 price target on VMware (NYSE: VMW) following the company's 1Q earnings report. EPS came in $0.02 better than forcasts, as revenue was reported better than expectations as well. Management sounded confident about hitting its full year goal and... More